SOLUTION: You are given the dollar value of a product in 2016 and the rate at which the value of the product is expected to change during the next 5 years. Write a linear equation that gives

Algebra ->  Probability-and-statistics -> SOLUTION: You are given the dollar value of a product in 2016 and the rate at which the value of the product is expected to change during the next 5 years. Write a linear equation that gives      Log On


   

Question 1117826: You are given the dollar value of a product in 2016 and the rate at which the value of the product is expected to change during the next 5 years. Write a linear equation that gives the dollar value V of the product in terms of the year t. (Let t = 0 represent 2010.)
2016 value: $1300 Rate: $150 increase per year.
Answer by josgarithmetic(39620) About Me  (Show Source):
You can put this solution on YOUR website!
V=150t+1300 for t being 0, 1, 2, 3, 4, 5